Author: driver789

Bitcoin mining pioneer Wang Chun said he sold a condominium in Pattaya, Thailand, for 7 Bitcoin, a fraction of the 2,900 BTC he paid for the property in 2015, highlighting the steep opportunity cost of early crypto spending. The F2Pool co-founder disclosed the transaction in a Tuesday X post.Chun bought the apartment in North Pattaya when Bitcoin (BTC) traded at roughly $270, valuing the purchase at around $785,000 at the time, and around $470,000 at today’s prices, a decrease of roughly 40%. “In 2015, I purchased this Naklua condo in North Pattaya for 2900 BTC. It was the first home…

For over a year, trading Hashdex’s diversified crypto ETF was like riding an amusement park without seatbelts. Investors could speculate, but if the market fell, there was little protection. That’s now changed.Options on the Hashdex Nasdaq CME Crypto Index ETF (NCIQ) went live on Nasdaq on Monday, providing investors a way to hedge, generate income and manage risk on a product that offers diversified crypto exposure, not just bitcoin BTC$66,418.83 or ether (ETH), for the first time.NCIQ, which debuted in February 2025, provides exposure to a broad, market-cap-weighted basket of digital assets based on the Nasdaq CME Crypto Index (NCI).…

Ethereum bulls managed to defend the $2,000 support as Bitmine continued its aggressive accumulation of ETH for the fourth consecutive week. Summary Ethereum held above $2,000 as Bitmine expanded its holdings to over 4.73 million ETH, continuing a multi-week accumulation strategy. The firm has staked roughly 66% of its treasury and launched an institutional staking platform, reinforcing long-term demand dynamics. ETH is forming a double bottom pattern, though weak momentum indicators signal potential short-term consolidation before a possible move toward $2,400 and $3,000. According to recent reports, Tom Lee’s Bitmine has purchased another 71,179 Ethereum over the past week. The…

With the Ethereum price struggling around the $2,000 support, the question of when the digital asset will hit a bottom has continued to linger among investors. Naturally, a bottom is largely based on the Bitcoin price, setting the tone for the entire market. However, a crypto analyst has also suggested things to look out for that could help to confirm that the Ethereum price has actually hit a bottom and will begin to move upward once again. Watch Out For The Ethereum Close Above $2,100 For now, the Ethereum price is still trending below $2,100, and crypto analyst Rawl has…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum treasury company Bitmine has announced that it loaded up on 71,179 ETH over the past week, taking its supply share to 3.92%. Bitmine Has Continued Its Aggressive Ethereum Accumulation As announced in a press release, Bitmine participated in additional Ethereum buying during the last week. In total, the firm has added 71,179 ETH with this accumulation spree, worth nearly $146 million right now. The purchase is larger than the recent weekly average for the company. “Bitmine has maintained the increased pace of ETH buys in each…

Wall Street broker Bernstein says crypto-linked equities are approaching a cyclical bottom following a steep ~60% drawdown from 2025 highs, framing the pullback as a potential “big discount” opportunity ahead of first-quarter earnings. In a Monday note led by analyst Gautam Chhugani, the firm said the combination of macro uncertainty, geopolitical tension, and weak crypto sentiment has pressured valuations across the sector, but argued that fundamentals tied to long-term growth themes remain intact, according to Investing.com. Despite the bullish longer-term view, Bernstein lowered price targets across major names: it cut its target on Coinbase to $330 from $440, Robinhood to…

Bitmine Immersion Technologies has extended its Ether buying streak into its fifth week, scooping up 71,179 Ether in its largest weekly purchase of 2026 so far. The roughly $147 million Ether (ETH) buy represents a jump from Bitmine’s previous weekly average of $93 million to $103 million, the company said in a statement on Monday.Last week, Lee said Ether is in the final stages of the mini-crypto winter and said this was a key reason the company has been maintaining its aggressive Ether buying over the past few weeks. Across its previous four purchases in March, Bitmine bought up a total…

KuCoin operator Peken Global Limited has been barred from allowing U.S. users onto its platform after a federal court approved a Commodity Futures Trading Commission consent order, closing out the exchange’s U.S. enforcement saga.The order, entered in the Southern District of New York, requires Peken to pay a $500,000 civil penalty and prohibits it from offering trading access to U.S. participants unless it registers as a foreign board of trade. More importantly, it removes the time limit from KuCoin’s earlier U.S. exit, converting what had been a minimum two-year withdrawal into an indefinite ban.The action follows KuCoin’s January 2025 guilty…

Oil prices moved higher this week, with both Brent Crude and WTI surging past $106 per barrel as the market continues responding to developments tied to the war between the US and Iran. The latest price action is reflective of growing concerns over supply disruptions, as well as broader geopolitical uncertainty, especially when it comes to key energy transit routes. Brent crude oil has gained roughly 50% since late February. This move has been driven entirely by fears of disruption in the Strait of Hormuz – a critical passage for global oil shipments. Source: TradingView While the strait has repeatedly…

A crypto analyst has pointed out how Dogecoin has remained stuck in a Descending Triangle recently, decompression from which could potentially trigger a notable move. Dogecoin Has Continued To Coil Inside A Descending Triangle In a new post on X, analyst Ali Martinez has shared a Descending Triangle pattern that has recently been forming in the 4-hour price chart of Dogecoin. The Descending Triangle is a triangular consolidation channel from technical analysis (TA) that forms when an asset travels between two converging trendlines to a net downside. A key feature of the pattern is that the lower trendline is parallel…